Mining Intelligence and News
Liberia

Matambo Mine

Click for more information

Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotMatambo mine comprise of three different open pits.

Ore production from open-pit operations started at the end of 2023 with all the ore being transported to the New Liberty processing plant.

Project was suspended at February 2024, after that Restart at beginning of December 2024.

Owners

SourceSource
CompanyInterestOwnership
Avesoro Holdings Ltd. 100 % Indirect
Bea Mountain Mining Corp. (operator) 100 % Direct
Avesoro Holdings Ltd. owns the Matambo mine.

Deposit type

  • Metamorphic
  • Volcanic hosted

Summary:

The Matambo Project is named as two separate deposits which names are Center and West, within a 15 km-long.

The Matambo East deposit sits within a metamorphic suite of granite, described locally as meta-granite. The meta-granite has undergone multiple phases of metamorphism and has a range of alteration assemblages, namely silification with varying degrees of carbonate, chlorite, epidote, and plus/minus sulphide. The northern and southern extent of the granite is truncated by an Archean Greenstone belt that includes mafic volcanics, amphibolite, ultramafic, a range of schist plus/minus garnet-hornblende-biotite schists and minor intrusive dolerites.

The Matambo West deposit is largely the same geological setting as the Matambo East deposit with a package of meta-granite bounded by an Archean Greenstone belt that includes mafic volcanics, amphibolite, ultramafic, a range of schists plus/minus garnet-hornblende-biotite schists. There is a significant dolerite dyke intrusion within Matambo West that has displaced the meta-granite mineralization lodes. The dyke is void of gold mineralization and is more than likely a late-stage event.

Mining Methods

Lock

- subscription is required.

Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Lock

- subscription is required.

Commodity Production

CommodityUnits2024
Gold oz  ....  Subscribe
All production numbers are expressed as metal in ore.

Operational metrics

Metrics2024
Ore tonnes mined  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025
....................... Subscription required ....................... Subscription required Subscription required Jul 28, 2025

Workforce

Aerial view:

Lock

- subscription is required.